Common use of Exchange Agreements Clause in Contracts

Exchange Agreements. Prior to Closing, the Company shall assist the Parent in obtaining the agreement (the “Exchange Agreements”) of the Company Convertible Noteholders to exchange such Company Convertible Notes and purchase rights they hold for an aggregate (for all Company Convertible Note Holders) of not more than 86,153 shares of Parent Preferred Stock on terms acceptable to Parent in its reasonable discretion.

Appears in 2 contracts

Samples: Merger Agreement (Aditxt, Inc.), Merger Agreement (Evofem Biosciences, Inc.)

AutoNDA by SimpleDocs

Exchange Agreements. Prior to Closing, the Company shall assist the Parent in obtaining the agreement (the “Exchange Agreements”) of the Company Convertible Noteholders to exchange such Company Convertible Notes and purchase rights they hold for an aggregate (for all Company Convertible Note Holders) of not more than 86,153 88,161 shares of Parent Preferred Stock on terms acceptable to Parent in its reasonable discretion.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Evofem Biosciences, Inc.), Agreement and Plan of Merger (Aditxt, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!